After recent success in the Kaggle M5 forecasting competition, we discuss the 'sport' of forecasting and in particular how to approach the challenge of estimating the uncertainty distribution of Walmart sales youtube.com/watch?v=bw7fCu…

When relational databases were first created in the 70’s they provided a breakthrough which allowed companies to better record transactions and manage their data. Now a new radically different method, known as event sourcing, is increasingly in popularity youtube.com/watch?v=4JPDSR…

Optimizing production and stocks in the presence of a Bill of Materials (BOM) is not just about optimizing a single item but an entire interconnected system. Learn more in just 3 minutes in our latest episode here youtube.com/watch?v=kxf-SQ…

The strategic placement of inventory to maximise service levels is extremely important in today’s customer first world. This week Pinak Dutta discusses with us how the very design of a supply chain network influences inventory decisions youtube.com/watch?v=C8bahH…

The term ‘Supply Chain’ has grown in prominence over the last few months, from a relatively obscure topic for experts to something regularly discussed in the media. As such this week we go back to basics and unpick what Supply Chain actually means. youtube.com/watch?v=KipFsv…

From exorbitant one time licenses to hidden maintenance fees it seems navigating the range of approaches to pricing software can often be somewhat of a minefield. As such this week on LokadTV we try and shed some light on the topic youtube.com/watch?v=W3sffE…

Despite the rise of automation, modern day warehouses still rely heavily on manpower which can lead to diseconomies of scale in periods of heavy demand. As such this week we learn how decisions can be prioritized by smoothing warehouse operations youtube.com/watch?v=pnpOMg…

Min/Max is one of the earliest automated replenishment methods which is now used across almost every piece of inventory software on the market. If you have three minutes to spare today, find out everything you need to know youtube.com/watch?v=1roICl…

Scenario analysis has been promoted by consultancies worldwide as a powerful tool which helps companies prepare for every eventuality. This week we discuss the effectiveness of this approach and whether it can be replaced by alternative methods youtube.com/watch?v=XG0R7A…

At Lokad the mix between quantitative and qualitative techniques has often been seen as disruptive. This week we look at this balance in a little more detail and understand which is more important in somewhat of a chicken/egg scenario! youtube.com/watch?v=9dtvSv…

Sometimes analytics can be nothing more than a vanity metric, with companies choosing to ignore the bad and focus on the metrics which show the good. In this weeks episode we are joined by Eric Wilson, to discuss the role of analytics in modern companies youtube.com/watch?v=6nIrmR…

Thank you to everyone who joined us for our first ever LokadTV #Livestream yesterday and for all of your tricky #SupplyChain questions. For anyone that missed it you can now check out the recording here! youtube.com/watch?v=ip9NI4…

Probabilistic forecasts may sound highly technical and intimidating, but chances are if you are a supply chain practitioner you have already been doing it intuitively for years. Find out what it all entails in just 3 minutes! youtube.com/watch?v=Bbk9B9…

As coronavirus has swept the world, many organisations have quickly transitioned towards remote working. This widespread change has created new security vulnerabilities which this week we discuss with Richard Wilding OBE youtube.com/watch?v=KQXhDm…

Historically pricing and planning have been dealt with by separate departments resulting in a lack of joined up thinking and data silos. This week on Lokad.com TV we discuss Joannes Vermorel why these two tasks should be dealt with in tandem youtube.com/watch?v=hEzmrT…

In Supply Chains the traditional goal has been to optimize in terms of service level. However here at Lokad we realized years ago that there was a need for a radically different approach, which takes into account the economic implication of decisions... youtube.com/watch?v=ww4z9_…

Lead time is usually involved in a supply chain whenever goods are purchased, transformed or serviced. However it is anything but simple and we think should be looked at with the same reverence as demand. Find out why in just three minutes! youtube.com/watch?v=ASFG8K…

The best data scientists have to craft statistical solutions which adapt and evolve to every scenario. As such this week on LokadTV we investigate what it takes to create great numerical recipes and what the solutions for our Supply Chains should be like youtube.com/watch?v=1sN0Om…

Don't forget the first of our Lokad.com Lectures will be LIVE this afternoon in just over an hours time! Make sure you tune in to learn more about the Foundations of Supply Chain youtube.com/watch?v=qahtk6…

Casual Friday Supply Chain